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Business model

This sums it all up – “I experience something, I think there’s a better way to do it, I come up with an idea around the better way to do it, and then I see if there’s truly a market for that thing. Then I build a team and we create it. ”

He showed how Y Combinator office hours take place with the different startups which are funded by them. This video shows how founders from these randomly selected startups were asked questions on their product, strategy and business model. Very interesting to see how he captures the essence of these ideas within a few minutes and gives them advice on the fly.